1733.10
Initial meeting of board of directors.

(A)
Within three business days following
their election, the board of directors shall meet and elect or appoint officers
and committees pursuant to the provisions of the regulations.

(B)
At the first meeting of the board of
directors, the directors shall take such other actions as are required of them
by the articles or regulations, and may take any other actions authorized by
the law, the articles, or regulations.

(C)
Each director and officer of a credit
union shall, when appointed or elected, take an oath that he will, so far as
the duty devolves upon him, diligently and honestly administer the affairs of
the credit union, and will not knowingly violate, or willingly permit to be
violated, any law applicable to such credit union. Such oath shall be
subscribed by the person making it, and certified by an officer authorized to
administer oaths. A copy shall be filed in the records of the credit union.